Risk Management: Identifying Risk
Risk is the driving force behind every business venture, so it's important to understand and plan for it. In today's business environment, you must know how to proactively identify risk factors, and how to recognize when business ventures are at risk of becoming critical situations. This course examines the first stage of risk management—identification of risk factors. It also presents several risk identification techniques, including root cause identification, the Delphi technique and brainstorming sessions.
What You Will Learn
- differentiating between internal and external risks
- determining the most appropriate risk identification techniques to use for a given situation
- conducting a brainstorming session to identify the risks of a project
- recognizing actions you can take to overcome various challenges you may encounter when facilitating a brainstorming